vladimir strazhnikov, appellant(s) vs. municipal transportation agency,appealing the revocation on september 11, 2013, of taxi medallion no. 651. >> thank you, i am an attorney acting for him and this is an important hearing because it is about the revocation of his taxi medallion which he works many years to require he came here as a refugee from russia and with an accounting degree but could not get work. and so he started driving his taxi cab, and worked hard over a period of 14 years. and was able to purchase one for 250,000. he has paid a good deal of that, about half. and some remaining, which is bank-financed and it he loses his medallion, he will have lost an equity value of about $50,000. that is a great deal of money to him. and more importantly, he would lose his business.